lournalize the followng transaction of Mr.Ram.

11.
2003 Rs.
March 1 Ram commenced business with cash 1,60,000
2 Opened current account with Indian bank 40,000
3 Bought goods from Santhanam 20,000
4 Sales to Radha 16,000
5 Sold to Jagan 80,000
6 Swamy sold goods to us 10,000
7 Kannan bought goods from us 6,000
8 Typewriter purchased 12,000
9 Paid salaries 5,000
25 Withdrew cheque for personal use 3,000
of Madras, B.Com., November 2012)
(University
11. Journal Entries in the books of Mr. Rama

Date Debit Credit

Particulars L.F
Rs. Rs.
2003
March 1 Cash A/c Dr.
1,60,000
To Ram's capital A/c |1,60.000
(Ramcommenced business)
2 Indian Bank A/c Dr. 40,000
To Cash Ac 40.000
(Opened an account in Indian
bank)
3 Purchases A/c Dr. 20,000
To Santhanam A/c 20,000
(Bought goods on credit)
4 Radha Alc Dr. 16,000
To Sales Alc 16,000
(Sold goods to Radha)
 5 Jagan A/c Dr. 80,000
To Sales A/c 80,000
(Sold goods to Jagan)
6 Purchase Alc Dr. 10,000
To Swamy A/c 10,000
(Goods purchased from Swamy) 2
7 Kannan Alc Dr. 6,000
To Sales AJc 6,000
(Sold goods to Kannan)
8 Typewriter A/e Dr. 12,000
To Cash Alc 12,000
(Purchased typewriterfor cash)
9 Salaries A/c Dr. 5,000
To Cash Ac 5,000
(Salary paid)
25 Drawings A/c Dr.| 3.000
To Bank A/c
3,000
| (Withdraw for personal use)
 the following transactions.
12. Journalize
2005
June 1 Karthik commenced business with Rs.20,000
2 Paid into bank Rs.5,000
3 Purchased plant from Modi & Co Rs.10,000
4 Purchased goods from Anwar Rs.5,000
6 Goods sold to Anbu Rs.4,000
8 Sold goods for cash Rs.2,000
10 Goods returned by Anbu Rs.50
15 Paid rent Rs.250
18 Withdrawn from bank for office use Rs.2,500
20 Paid salaries Rs.1,800
25 Withdrawn for personal use Rs.250
26 Goods returned to Anwar Rs.100
27 Paid for office furniture by cheque Rs.1500
28 Received cash from Anbu Rs.3,900
and discount allowed Rs.50
29 Paid Anwar on account
Rs.4,800
and discount allowed by him Rs.100
University of Madras, B.Com., April 2011)
1Z.
Journal Entries
Debit Credit
Particulars L.F
Date Rs. Rs.
1.6.2005 Cash A/c Dr. 20,000
To Karthick's capital A/c 20,000
(Karthick commenced business)
2.6.2005 Bank A/c Dr. 5,000
To Cash AAlc 5,000
(Paid into bank)
3.6.2005 Plant A/c Dr. 10.000
To Modi & Co. A/c 10,000
(Purchased plant from Modi &
Co.)
4.6.2005 Purchase A/c Dr. 5,000
To Anwar Alc 5,000
(Purchased goods from Anwar)_
6.6.2005 Anbu A/c Dr. 4,000
To Sales Alc 4.000
(Sold goods to Anbu)
8.6.2005 Cash A/c Dr. 2,000
To Sales ANc 2,000
(Goods sold for cash)
10.6.2005 SalesTorerum Ac Dr. SO
Anbu AVc
|(Goods returned by Anbu)_
15.6.2005 Rent A/c Dr. 250
To Cash A/c 250
(Paid rent)
18.6.2005 Cash A/c Dr. 2,500
To Bank A/c 2,500
(Withdrawn from bank for
office use)
20.6.2005 Salaries Alc Dr. 1,800
To Cash A/c 1.800
(Paidsalaries)
25.6.2005 Drawings Alc Dr. 250
To Cash Ac 250
(Withdrawn for personal use)
26.6.2005 Anwar A/c Dr. 100
o Purchase returm A/c 100
(Goods returmed to Anwar)
27.6.2005 Furniture AlC Dr. 1.500
To Bank AVc
1,500
(Being offce furniture paid by
cheque)
28.6.2005 Cash A/c Dr. 3,900
Discount allowed A/c Dr. 50
o Anbu A/c 3,950
(Being cash received and discount
allowed in full settlement)
29.6.2005 Anwar A/c Dr. 4,900
To Cash A/c
To Discount allowed A/c
4,800|
100
(Being amount paid and discount
| allowed in full settlement)
 transaction.
the following
13. Journalize
Purchased goods for cash Rs.110,000
a)
Purchased stationery for cash Rs. 500
b)
c) Purchased furniture for cash Rs.3,000
Sold goods for cash Rs.8,000
d)
Sold goods to Jane for cash Rs.3,000
e)
to James Rs.2,000
) Sold goods
landlord Rs.800
8) Paid rent to Krishnan, the
Rs.800
h) Paid salay
of Rs.3,000
i) Paid Lokesh, the Manager his salary
Rs.300
j) Paid freight on
goods purchased Rs.500
k Paid wages
Rs.400
1) Paid freight on machine purchased
machine Rs.1,000
m) Paid wages to erect a
Rs.800
Received from Kamal
n)
Rs.600
o) Received from Kamal as interest
Received from Kamal as loan at 6% interest Rs.7,000
(University of Madras, B.Com., November 20 on
13. Journal Bntries
L.FDebit Credit
Date Particulars
Rs. Rs.
Purchase A/c Dr. 10,000
To Cash A/c 10.000
(Goods purchased for cash)
|Stationery Alc Dr. 500
To Cash A/Vc 500
(Stationery purchased)_
Furniture Alc Dr. 3,000
To Cash A/Vc 3,000
(Purchased furniture for cash)
Cash A/c Dr. 8,000
To Sales A/c 8,000
Goods sold for cash)
Cash A/c Dr. 3,000
To Sales A/c 3,000
(Goodssold to Jane for cash)
James A/c Dr. 2,000
To Cash A/c 2,000
(Soldgoods to James on credit)
Rent A/c Dr. 800
To Cash A/c 800
Rent paid to landlord)
Salary A/c Dr. 800
To Cash A/c 800
(Salarypaid in cash)
| Salary A/c Dr. 3.000
To Cash A/c 3,000
(Salarypaid to Lokesh)
Freight A/c Dr. 300
To Cash A/c 300
(Paid Freight)
Wages A/c Dr. 500
fo Cash A/c 500
(Paid wages)
) Machuncay al D 400
To Caoh alc
AjoD
LBangfreahtpaud on
Machumy Poehagcd.

Machenauy alL DY 1ooo

To Cask
(Besrg wages pad on eerechm looo
mach my
n) Canh ac DY
To kamal al
CBeng Cash received pm kamalj
Cahae Dv_ boo
To Ta terest ecaued a/
(Beung Cash 3eLeived om kama/
as Inteut

P Caah a4e DY 000

To Lean_om Kamal
To oDO
CBaig kanh haeied fam kema)
as loan)
 & Co.,
started their business
14. Messrs. Krishna Kumar on
as their capital. Following We
were
1" April 2005 with Rs.50,000
the transactions for the month.
Rs.
2005
Paid into bank
20,000
April
1
2 Purchased furniture from Modern
Furniture Ld., on Credit 3,000
6 Sold goods on credit to Sivakumnar 3,500
8 Paid to Modern Furniture Ltd. Cash ,000
8 Purchased good from Mohan 8,800
15 Paid wages in cash 200
16 Issued cheques to Mohan 7,000
20 Received from Sivakumar 1,500
21 Paid into bank
1,500
23 Cash sales
3,500
25 Cash purchases
1,800
27 Goods withdrawn for
personal use 500

withdrawn for personal use 750

28 Cash
100
29 Paid for stationery
30 Paid salaries by cheque 1,000
Pas Journal entries.

(University of Madras, B.Com, April 2012)

14. Journal Entries n the books of Mrs. Krishna Kumar & Co.
Date Particulars Debit Credit|
L.F Rs.
1.4.2005 Cash Alc Rs.
Dr. 50,000
To Capital Alc
(Cash brought in as capital) S0,000
1.4.2005 Bank A/c
To Cash A/c
Dr. 20,000
(Paid into bank) 20,000
2.4.2005 Purchase A/c
To Modern Furnitures Ld.,
Dr. 3,000
CPurchased furniture from Moderm 3,000
Furniture Lid., on credit)
6.4.2005Sivakumar Alc Dr. 3,500
To Sales ANc
(Sold goods to Sivakumar on 3,500
credit)
8.4.2005 Modern Furnitures Lid.. Alc Dr.
To Cash AJc
2,000
(Paid to Modern Furniture Lid) 2,000
8.4.2005 Purchase A/c
To Mohan Alc
Dr. 8,800
(Goods purchased from Mohan) 8,800
15.4.2005 Wages A/c Dr.
To Cash A/c
2,000
2,000
(Cash paid to wages)

16.4.2005 Mohan A/c Dr. 7.000

To Bank A/c
7,000
Cheques issuedto Mohan)
20.4.2005 Cash A/c Dr. 1,500
To Sivakumar A/c 1.500
(Received from Sivakumar)
21.4.2005| Bank A/c Dr.
1,500
To Cash Alc
1,500
(Paid into bank)
|23.4.2005 Cash A/c Dr. 3,500
To Sales A/c 3,500
(Cash sales)
25.4.2005 Purchases AWc Dr. 1,800
To Cash A/c
1.800
(Cash purchases)
27.4.2005 Drawings ANc Dr. S00
To Purchases A/c
500
(Goods withdrawn for personal
use)
28.4.2005 Drawings Alc Dr. 750
To Cash ANc
(Cash withdrawn for personal
750
Use)
29.4.2005 Stationery Alc Dr. 100
To Cash A/c
100
(Paid stationery)
30.4.2005 Salaries A/c Dr. 1.000
To Bank AMc
(Paid salaries by cheque)_
1,000